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workers pay some form of federal taxes. let's gather around the water cooler with movie news. many are wondering who would play hillary clinton best in a bio. some of the top contenders a bit of a surprise. 6% of kristen dunst. she played marie an two net. mirren. 8% like susan sarandon. 18% glenn close could portray the many sides of the first lady. an overwhelming 40% believe meryl streep. a little anti-climatic, don't you think? what do you think, mike? any other names? >> i'm not going get myself in trouble. >> when would this stop you? nbc "nightly news" anchor, brian williams stopped by "late night with jimmy fallon" they broke down details of the fight in slow jam the news. >> the obama administration finds itself locking horns with republicans over the issue of raising the debt ceiling, the amount of money the nation is legally allowed to borrow. ♪ oh, yeah, when it comes to raising the debt ceiling ♪ ♪ the president is having a hard time getting enough ♪ ♪ seems the gop ain't rubbing him the right way ♪ ♪ especially with the country's $16.4 trillion in d
workers pay some form of federal taxes. let's gather around the water cooler with movie news. many are wondering who would play hillary clinton best in a bio. some of the top contenders a bit of a surprise. 6% of kristen dunst. she played marie an two net. mirren. 8% like susan sarandon. 18% glenn close could portray the many sides of the first lady. an overwhelming 40% believe meryl streep. a little anti-climatic, don't you think? what do you think, mike? any other names? >> i'm not...
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Jan 29, 2013
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passed a fair tax, tax consumption, not income, taxing income is counterproductive. and it does thank you for your optimistic outlook for america. needed a lift. glass half full, my friend. finally, another example of waste, fraud, and abuse. this time from louisiana. a local newspaper in danvers talking about a little-known state law that will make residents pay more at the grocery store. alysian requires that grocers markup milk prices 6% above the invoice and shipping costs, 6%. a local store called fresh market has a weekly special, gallons of milk for $2.99 each and every tuesday. not anymore. the state is worried such deals to drive competitors out of business. isn't that what free-market are about? if they want to compete, lower prices. if not, what consumers walk up the door. that's my "2 cents more." it's obvious. coming in tomorrow, president obama's says deficit reduction is not a goal unto itself. shouldn't it be? of every action. that's it for tonight on "the willis report." thank you for joining us. have a great night, and we will see right back here to
passed a fair tax, tax consumption, not income, taxing income is counterproductive. and it does thank you for your optimistic outlook for america. needed a lift. glass half full, my friend. finally, another example of waste, fraud, and abuse. this time from louisiana. a local newspaper in danvers talking about a little-known state law that will make residents pay more at the grocery store. alysian requires that grocers markup milk prices 6% above the invoice and shipping costs, 6%. a local...
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we can't tax ourselves so no. i'm not a believer but i want to make sure we're still doing the right thing going forward. i just don't like scaring kids telling them we're cooking our self autos. >> bill: so you're not buying into the fact the human population has depleted the ease yon. but you said something interesting. you said your father drives a prius to the challenger which is a private jet. >> bill: his take that he owns a lot of trees so his carbon foot print is minimal. >> bill: sounds like a ratio rationation to me. >> whit comes down to it we need to have clean air, clean water but can't restrict our business because that is the only way we're going to get out of this did he have at this time mess. >> bill: is your father helping you finance your campaign? >> well, he's written me a $2500 checks like other people have and i think that is probably all i'm going get. >> bill: good luck and we appreciate you coming on the show. >> when we come back, carl rove and the 60 minutes interview. rove is next. >>
we can't tax ourselves so no. i'm not a believer but i want to make sure we're still doing the right thing going forward. i just don't like scaring kids telling them we're cooking our self autos. >> bill: so you're not buying into the fact the human population has depleted the ease yon. but you said something interesting. you said your father drives a prius to the challenger which is a private jet. >> bill: his take that he owns a lot of trees so his carbon foot print is minimal....
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tax season. are you ready to file? we want to make sure you don't miss out on any deductions or credits you are eligible for. personal finance expert vera gibbons five of the most valuable money saving credits and deductions people don't miss. first one is earned income tax. >> it was extended as part of the fiscal cliff year for another five years. one out of 5 taxpayer miss this break. how much it is worth will depend on your marital status income and how many kids you have. average tax payer who claims it it is worth a couple thousand dollars. it could be 6,000 if you have 3 or more qualifying children. the irs on the site has earned income tax credit assistance. >> so if you are unemployed you can deduct job hunting costs. >> sometimes. if you look for a job in the same line of work in 2012 and if you itemize your return you can lump all of the costs together transportation costs to and from the interview resume cost career counseling but they have to exceed 2 percent of yaur adjust -- your adjusted gross income. p
tax season. are you ready to file? we want to make sure you don't miss out on any deductions or credits you are eligible for. personal finance expert vera gibbons five of the most valuable money saving credits and deductions people don't miss. first one is earned income tax. >> it was extended as part of the fiscal cliff year for another five years. one out of 5 taxpayer miss this break. how much it is worth will depend on your marital status income and how many kids you have. average tax...
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is it possible that they would allow keystone the grand bargain onon the carbon tax. >> the carbon tax or tax of any sort is a bad word and difficult to get any political support for right now. the republicans are coming around because of the revenue. there is a lot of money involved in the carbon tax and they could raise billions of dollars and use that to pay down the deficit or various pet projects or whatever they want to use it for, but it's a big honey pot. there may an grand idea of a bargain on this where you have the right where it goes to china thing where they're interested in it not because of the climate or the environment but because they want the money. then you have the left coming towards it because they want to do something on climate. but then the question is does it have any serious bite at all and. >> john: the problem with nixon going to china, the young nixon would have smeared old nixon for doing it. and you have young tea party fresh men who don't like the idea of taxing polluters. progressive republicans, that is a term that exists, is there enough to make a m
is it possible that they would allow keystone the grand bargain onon the carbon tax. >> the carbon tax or tax of any sort is a bad word and difficult to get any political support for right now. the republicans are coming around because of the revenue. there is a lot of money involved in the carbon tax and they could raise billions of dollars and use that to pay down the deficit or various pet projects or whatever they want to use it for, but it's a big honey pot. there may an grand idea...
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it's going to cost them penalties, taxes, a significant wait and then after they do all of that, the only thing they're going to have access to is the opportunity to apply for a green card. you still have to qualify for the visa you're applying for. so they would have been better off doing it the right way from beginning. and amnesty is given from the proposal in 2007 that created a brand new thing called a visa, a blanket and had to do little to qualify for it. so, look, the reason, this is not, we're not trying to punish anybody here. it's not about that we're angry at immigrants, it's about the fact that we don't want this to ever happen again and we don't want to be unfair to the people that have done it in the right way. sean, i have hundreds of people a month come to the offices talking about the fact that they have family members waiting in line to come the right way. our message cannot be come illegally because it's cheaper and quicker. on the other hand it's a reality. 11 million human beings in this country that will be here the rest of their lives and solve it-- >> they go
it's going to cost them penalties, taxes, a significant wait and then after they do all of that, the only thing they're going to have access to is the opportunity to apply for a green card. you still have to qualify for the visa you're applying for. so they would have been better off doing it the right way from beginning. and amnesty is given from the proposal in 2007 that created a brand new thing called a visa, a blanket and had to do little to qualify for it. so, look, the reason, this is...
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and by the way, in terms of taxes, most immigrants pay -- most undocumented immigrants pay taxes and sales taxes of course. >> luke, i'm still thinking about these republican house members that represent district that is are not changing demographically like the rest of the country is and the average income does not have to respond. you know? and i'm wondering, you can make the case from the standpoint of boehner or mccarthy or cantor, yes, this is something the party needs to do to move forward and maybe a long term future but for the short term political survival, the primary in arkansas or mississippi or south carolina, when's the message that a cantor or mccarthy gives to the incumbent in one of the districts that, hey, safe to vote for something that your opponent will call amnesty? >> if there's a bipartisan bill out of the senate that boehner would put it on the floor, perhaps violate the hastert rule and go forward with what i like to call the tom cole caucus and the last pseudomoderates republicans left, about 60 of them left. pair them with democrats, there's a way forward.
and by the way, in terms of taxes, most immigrants pay -- most undocumented immigrants pay taxes and sales taxes of course. >> luke, i'm still thinking about these republican house members that represent district that is are not changing demographically like the rest of the country is and the average income does not have to respond. you know? and i'm wondering, you can make the case from the standpoint of boehner or mccarthy or cantor, yes, this is something the party needs to do to move...
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their taxes will go down. but for remaining 80% of the population, taxes will go up. and the people in all of louisiana who can least afford a tax hike will get the biggest tax hike. that is what bobby jindal has in the works for louisiana. happy mardi gras. in kansas, which doesn't have mardi gras, except privately, republican governor sam brownback gets to do more or less what sam brownback wants, because republicans also control the legislature there. the other day, governor brownback announced his agenda for this year. and oh, hey, look, an end to the income tax. already republican tax cuts approved last year have opened up a giant hole in the kansas budget. now the governor wants to pay for that with a higher sales tax. and by ending tax breaks that benefit ordinary working families. this is after kansas republicans already took away tax breaks for stuff like food, the kind of tax breaks that try to make up for the unfair nature of the sales tax. the nonpartisan tax wonks say they have a worried eye on the plans of the republican governors this year. not just in
their taxes will go down. but for remaining 80% of the population, taxes will go up. and the people in all of louisiana who can least afford a tax hike will get the biggest tax hike. that is what bobby jindal has in the works for louisiana. happy mardi gras. in kansas, which doesn't have mardi gras, except privately, republican governor sam brownback gets to do more or less what sam brownback wants, because republicans also control the legislature there. the other day, governor brownback...
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prescription for flu. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. so if ydead battery,t tire, need a tow or lock your keys in the car, geico's emergency roadside assistance is there 24/7. oh dear, i got a flat tire. hmmm. uh... yeah, can you find a take where it's a bit more dramatic on that last line, yeah? yeah i got it right here. someone help me!!! i have a flat tire!!! well it's good... good for me. what do you think? geico. fifteen minutes could save you fifteen percent or more on car insurance. >>> we must not be the party that simply protects the well off so they can keep their toys. we've got to be the party that shows all americans how they can thrive. we're the party whose ideas will help the middle class and help more folks join the middle class. we're a populist party, and we need to make that clear to every voter and every american. >> louisiana governor bobby jindal making the case that the repub
prescription for flu. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. so if ydead battery,t tire, need a tow or lock your keys in the car, geico's emergency roadside assistance is there 24/7. oh dear, i got a flat tire. hmmm. uh... yeah, can you find a take where it's a bit more dramatic on that last line, yeah? yeah i got it right here. someone help me!!! i have a...
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a process that includes passing a background check, paying taxes, paying a penalty, learning english and then going to the back of the line behind all the folk who is are trying to come here legally. that's only fair. all right? so that means it won't be a quick process. but it will be a fair process. and it will lift these individuals out of the shadows and give them a chance to earn their way to a green card and eventually to citizenship. and the third principle is to bring the legal immigration system in to the 21st century because it no longer reflects the realities of our time. for example, if you're a citizen, you shouldn't have to wait years before your family is able to join you in america. you shouldn't have to wait years. if you're a foreign student who wants to pursue a career in science or technology, or a foreign entrepreneur who wants to start a business with a backing of american investors, we should help you do that here because if you succeed you'll create american businesses and american jobs. you'll help us grow our economy. you'll help us strengthen our middle cla
a process that includes passing a background check, paying taxes, paying a penalty, learning english and then going to the back of the line behind all the folk who is are trying to come here legally. that's only fair. all right? so that means it won't be a quick process. but it will be a fair process. and it will lift these individuals out of the shadows and give them a chance to earn their way to a green card and eventually to citizenship. and the third principle is to bring the legal...
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by taxing. >> all right. do you think the fed -- this is the big question. people are worried about bonds. ten-year treasury bonds, right, have gone from about 140 last summer to about 2% today. upward move. so the fed's not really holding down bond prices -- bond rates even though they're buying so many. let me ask you, is the bond play a sucker play right now? if you think there's stronger growth coming and you see this stock market rally which has great legs, corrections or not, great legs, is it time to get out of bonds? >> yes, some investors, larry, have to be in bonds, they're benchmarked, certain liquidity and credit restraints. they have to be in treasuries. as an individual investor, you'd want to stay away from bonds. and if you were a speculative investor, you'd want a short bonds. there's no value in the treasury market. with nominal gdp even at 4% let alone the possibility we could accelerate to five. they don't belong at 2%, really somewhere over 4%. they won't get to 4% until the fed actually
by taxing. >> all right. do you think the fed -- this is the big question. people are worried about bonds. ten-year treasury bonds, right, have gone from about 140 last summer to about 2% today. upward move. so the fed's not really holding down bond prices -- bond rates even though they're buying so many. let me ask you, is the bond play a sucker play right now? if you think there's stronger growth coming and you see this stock market rally which has great legs, corrections or not, great...
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that's the stat. >> let me just say, in addition to which, immigrants pay taxes and oftentimes are not eligible. >> bill: juan, it's one out of two. you see what you are adding here? all right. mary katharine, how do you see it? >> well, i think you could hard that in this case if those immigrants who are illegal and on welfare got the became legal or had some sort of legal status that perhaps they would be paid higher wages and that was a problem that would maybe work on itself. as far as the political situation goes here. i don't think this is a magic pill for republicans and i don't think a lot of them are fooling themselves into thinking that i think it is a platform from which you could have this discussion. as far as obama manhattanning to pass it i'm a little curious about that for four years he didn't raise a finger on this. in 2007 he actually helped tornado tore torpedo that -- >> doesn't have to run again. 66% of americans, two thirds, all right? support a pathway to citizenship. >> yes. >> 66%. 17% say send the illegals back home. 13% want to aguest worker program for them.
that's the stat. >> let me just say, in addition to which, immigrants pay taxes and oftentimes are not eligible. >> bill: juan, it's one out of two. you see what you are adding here? all right. mary katharine, how do you see it? >> well, i think you could hard that in this case if those immigrants who are illegal and on welfare got the became legal or had some sort of legal status that perhaps they would be paid higher wages and that was a problem that would maybe work on...
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, that do have a higher sales tax. so, you know, i get -- >> if you have a lot of tourism. >> i get the partisan line and i think louisiana has a bit of tourism. so the fact of the matter is, you know, bobby jindal represents i think as susana martinez does and others this next generation of republican leaders out there who are doing it. >> jindals -- >> they're creating the laboratory in the states which is why i go back to my point which this is not about national messaging. this is finding and accepting republicans where they are. >> you buy this as an intellectual who writes for the national review. you buy the fact that the republican party can become a coalition party, not a homogeneous right wing party? >> i think -- >> can you answer that question yes or no? >> yes. i think the republican party can succeed but if you listen to bobby jindal's speech he's asking a big question. too often he says the party is becoming fiscal conservative party. he's saying republicans aren't going to back away on their position on
, that do have a higher sales tax. so, you know, i get -- >> if you have a lot of tourism. >> i get the partisan line and i think louisiana has a bit of tourism. so the fact of the matter is, you know, bobby jindal represents i think as susana martinez does and others this next generation of republican leaders out there who are doing it. >> jindals -- >> they're creating the laboratory in the states which is why i go back to my point which this is not about national...
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officials turned down donald trump's request for a tax break. trump's organization will be required to pay millions of local property taxes to redevelop the old post office. trump and his daughter asked if the district would forego taxes to facilitate redevelopment, but the mayor and the council said no. >>> a major change to immigration laws in the works now and it has the thumbs up from both political parties. we'll break it down coming up next. >> also ahead a developing story overseas, the clues that could lead police to an american woman missing in turkey. >>> this is fox 5 news at 10:00. >>> a major announcement on capitol hill today could reshape the debate on immigration. a group of bipartisan lawmakers have agreed on an immigration reform deal. the center piece, a path to citizenship for the 11 million illegal immigrants already in the country. fox 5's tom fitzgerald has more. >> reporter: in place known for more conflict than compromise, a bipartisan announcement to overhaul immigration laws. >> americans overwhelmly oppose illegal imm
officials turned down donald trump's request for a tax break. trump's organization will be required to pay millions of local property taxes to redevelop the old post office. trump and his daughter asked if the district would forego taxes to facilitate redevelopment, but the mayor and the council said no. >>> a major change to immigration laws in the works now and it has the thumbs up from both political parties. we'll break it down coming up next. >> also ahead a developing story...
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every year than my father and mother would pay in taxes as an immigrant family with a first and second grade education. i think that's a perfect example of why this is important. the bess they can we can do for the economy is to get this immigration -- comprehensive immigration reform right and get it done now. >> indeed. david, despite what we have just heard from the congressman who is very enthusiastic, rush limbaugh says the government's dole is what lures immigrants here. take a listen. >> i have seen a number of research, scholarly research data, which says that vast majority of arriving immigrants today come here because they believe that government is the source of prosperity. >> so that heaving mass of poison says that the borders are literally stacked full of people coming to take entitlements and benefits. >> yaen time yanytime you hear word scholarly research data and rush limbaugh together you know something is wrong. the congressman just told us a very shorthand story of his own family. obviously that one anecdote and many others we know of disprove what rush limbaugh is
every year than my father and mother would pay in taxes as an immigrant family with a first and second grade education. i think that's a perfect example of why this is important. the bess they can we can do for the economy is to get this immigration -- comprehensive immigration reform right and get it done now. >> indeed. david, despite what we have just heard from the congressman who is very enthusiastic, rush limbaugh says the government's dole is what lures immigrants here. take a...
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undocumented immigrants would have to register with the practical government, pay pines and taxes, and undergo background checks. but first, increased border security would have to be proven before any reforms take effect. >> thank you. the reason i came here today is because of a challenge where the differences are dwindling. where broad consensus is emerging. and where a call for action can now be heard coming from all across america. i'm here today because the time has come for common sense, comprehensive immigration reform. >> reporter: his plan is just a framework and passage of any legislation is not a given. however, this is seen as an important step on the heels of t the bipartisan senate plan. >>> senator john kerry is expected to be confirmed as the next secretary of state within the hour. he sailed through the first phase of confirmation this morning. senate foreign relations committee unanimously approved kerry by voice vote. kerry has been a member of the committee for 28 years and chaired it for the past four years. the full senate will now debate the nomination and will
undocumented immigrants would have to register with the practical government, pay pines and taxes, and undergo background checks. but first, increased border security would have to be proven before any reforms take effect. >> thank you. the reason i came here today is because of a challenge where the differences are dwindling. where broad consensus is emerging. and where a call for action can now be heard coming from all across america. i'm here today because the time has come for common...
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payroll taxes went up. maybe they are not as confident as they thought. >> the problem is, we have been to the biggest financial crisis since the great depression. history shows that crises like that, leave lasting scars. it is like the flu, you think you are ready to go back to work and several weeks later, you realize you still do not feel right. the idea that we will be off to the races again just does not sound right. connell: we are a few years out from there. the worst of it was september september 2008. we are a few years out. is it a few more years you are talking about? >> the critical thing is that there is no objective way to forecast. it depends on peoples attitudes. there is a recent paper by gabriel, stuart gabriel, that shows that the home rate is not explained by demographic or economic factors. i think it is because they were burned in this crisis. it just is not coming back. it may take another generation before we get there real enthusiasm back. connell: robert shiller, as always, your in
payroll taxes went up. maybe they are not as confident as they thought. >> the problem is, we have been to the biggest financial crisis since the great depression. history shows that crises like that, leave lasting scars. it is like the flu, you think you are ready to go back to work and several weeks later, you realize you still do not feel right. the idea that we will be off to the races again just does not sound right. connell: we are a few years out from there. the worst of it was...
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. >> we have to lay out a path, a process that includes passing a background check, paying taxes, paying a penalty, learning english, and then going to the back of the line behind all the folks who are trying to come here legally. that's only fair. right? so that means it won't be a quick process but it will be a fair process. >> woodruff: back in washington florida republican marco rubio, a member of the bipartisan senate group, still seemed concerned the president wanted to move too far too fast >> if this endeavor becomes a bidding war to see who can come up with the easiest, quickest and cheapest pathway to green card possible, this thing is not going to go well, folks >> woodruff: senate republican leader mitch mcconnell said he's withholding judgment for now >> i think predicting how one is going to vote on this package before it gets out of committee is something i'm not prepared to do. but i will say... what i will say is there is obviously bipartisan desire to move forward on immigration legislation. my assumption is the majority leader will be doing that. >> woodruff: that woul
. >> we have to lay out a path, a process that includes passing a background check, paying taxes, paying a penalty, learning english, and then going to the back of the line behind all the folks who are trying to come here legally. that's only fair. right? so that means it won't be a quick process but it will be a fair process. >> woodruff: back in washington florida republican marco rubio, a member of the bipartisan senate group, still seemed concerned the president wanted to move...
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you have to pay taxes. you are going pay a fine. there will be some admission of wrong doing. so it is not amnesty in any sense of the word. >> chris, susan was just talking about warmer temperatures today. it does feel different. maybe we're just all so hungry for anything that's bipart sfwlan, but this seems to be real. >> it does seem to be real. i would say that i think what senators mccain and schumer are talking about is the nub of the issue. particularly can republican members of congress convince their -- themselves and the people who elect them that this path to citizenship clause is tough enough that it doesn't amount to just saying, well, it's okay. you broke the rules. you can still be in this country. that's always been the tough thing. look, this was the same john mccain who when he was faceed in a primary chalening 2010 had an ad in which he is walking a border talking to a sheriff and says we need to complete the dang fence. the politics of this issue in the republican base are not as simple as they might look right now. i would say the involvement of a marco r
you have to pay taxes. you are going pay a fine. there will be some admission of wrong doing. so it is not amnesty in any sense of the word. >> chris, susan was just talking about warmer temperatures today. it does feel different. maybe we're just all so hungry for anything that's bipart sfwlan, but this seems to be real. >> it does seem to be real. i would say that i think what senators mccain and schumer are talking about is the nub of the issue. particularly can republican...
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. >> we have to lay out a path a process that includes passing a background check paying taxes paying a penalty, learning english, and then going to the back of the line behind all the folks who are trying to come here legally. that's only fair. right? so that means it won't be a quick process but it will be a fair process. >> woodruff: back in washington florida republican marco rubio, a member of the bipartisan senate group, still seemed concerned the president wanted to move too far too fast >> if this endeavor becomes a bidding war to see who can come up with the easiest, quickest and cheapest pathway to green card possible, this thing is not going to go well, folks >> woodruff: senate republican leader mitch mcconnell said he's withholding judgment for now >> i think predicting how one is going to vote on this package before it gets out of committee is something i'm not prepared to do. but i will say... what i will say is there is obviously bipartisan desire to move forward on immigration legislation. my assumption is the majority leader will be doing that. >> woodruff: that woul
. >> we have to lay out a path a process that includes passing a background check paying taxes paying a penalty, learning english, and then going to the back of the line behind all the folks who are trying to come here legally. that's only fair. right? so that means it won't be a quick process but it will be a fair process. >> woodruff: back in washington florida republican marco rubio, a member of the bipartisan senate group, still seemed concerned the president wanted to move too...
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we were bringing in 80 billion, from taxing the rich. the new spending almost cancels out the deficit reduction of taxing the rich. you end up with zero-sum game. spend more, tax more, end up with the same deficit that we had before. you have to ask, are we really serious about controlling our spending and cutting our debt? they haven't. martha: now, stuart, the people, the republicans who were ends guess passing this bill when it came up a few weeks back got a lot of heat. charles schumer and others came out said, it was unfeeling, insensitive to the victims it of hurricane sandy. which on the face of it you can understand but weren't they actually saying, you know, we want to make sure there are commensurate cuts to pay for this bill, right? >> yes. in two respects here. number one, the pork that was in the original bill, most of it was taken out for the current bill. secondly, the republicans proposed an across the board, very small cut in spending by different federal an sis. that was completely rejected. so the spending cut to offse
we were bringing in 80 billion, from taxing the rich. the new spending almost cancels out the deficit reduction of taxing the rich. you end up with zero-sum game. spend more, tax more, end up with the same deficit that we had before. you have to ask, are we really serious about controlling our spending and cutting our debt? they haven't. martha: now, stuart, the people, the republicans who were ends guess passing this bill when it came up a few weeks back got a lot of heat. charles schumer and...
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Jan 29, 2013
01/13
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CSPAN
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taxes are only relevant to that because taxes create that helps to create stability. so that is where taxes are relevant. we want to create fiscal stability, set policies in place but the private sector sees as helping to make the country more competitive. if the private sector and thinks the u.s. is likely on a relative bases to be more competitive in europe, they will typically make a decision to make investments in the u.s. as opposed to europe. if they decided to other parts of the world would likely be more competitive, they would make their investments there. two things we need to do, first, create fiscal stability. our live there to be a grand bargain style deficit deal that gets us on a trajectory across the long term that we're not dealing with this every few months. that's very destructive in terms of people making investment decisions. second, do some things in terms of policy. national energy policy and its destructive policy. continued investments in education and a change in immigration policy. executives would look at that and see those very positively
taxes are only relevant to that because taxes create that helps to create stability. so that is where taxes are relevant. we want to create fiscal stability, set policies in place but the private sector sees as helping to make the country more competitive. if the private sector and thinks the u.s. is likely on a relative bases to be more competitive in europe, they will typically make a decision to make investments in the u.s. as opposed to europe. if they decided to other parts of the world...
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Jan 29, 2013
01/13
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CURRENT
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i don't know that back tax -- back taxes included in this? >> they'll have to pay back taxes. >> bill: for how many years? >> that's one of the details that has to be worked out. not only do they have to pay back taxes they have to prove they've been employed and with undocumented immigrants where there's little documentation available, it is unclear if that's a burden they'll be able to meet. >> bill: yeah. donna, you raise a very good point. i think that could really be a problem. certainly, a lot of these people particularly those at the lower end who are doing landscaping, washing dishes in restaurants, busing tables or whatever or child care, they don't have that kind of job documentation. plus they have been paying taxes. they've been paying sales taxes. >> that's right. presumably those jobs, if their income doesn't meet the threshold of the bottom income bracket, they'll be exempt. >> bill: talk about unfair exception here. so how about if you go back and make some american citizens pay the back taxes that they didn't pay, particularl
i don't know that back tax -- back taxes included in this? >> they'll have to pay back taxes. >> bill: for how many years? >> that's one of the details that has to be worked out. not only do they have to pay back taxes they have to prove they've been employed and with undocumented immigrants where there's little documentation available, it is unclear if that's a burden they'll be able to meet. >> bill: yeah. donna, you raise a very good point. i think that could really...
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Jan 29, 2013
01/13
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CNN
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we got to lay out a path, a process that includes passing a background check, paying taxes, paying a penalty, learning english, and then going to the back of the line behind all the folks who are trying to come here legally. that's only fair. all right. so that means it won't be a quick process, but it will be a fair process. and it will lift these individuals out of the shadows, and give them a chance to earn their way to a green card and eventually to citizenship. and the third principle is we got to bring our legal immigration system into the 21st century, because it no longer reflects the realities of our time. for example, if you are a citizen, you shouldn't have to wait years before your family is able to join you in america. you shouldn't have to wait years. if you're a foreign student, who wants to pursue a career in science or technology, or a foreign entrepreneur who wants to start a business, with the backing of american investors, we should help you do that here, because if you succeed, you'll create american businesses. and american jobs. you'll help us grow our economy,
we got to lay out a path, a process that includes passing a background check, paying taxes, paying a penalty, learning english, and then going to the back of the line behind all the folks who are trying to come here legally. that's only fair. all right. so that means it won't be a quick process, but it will be a fair process. and it will lift these individuals out of the shadows, and give them a chance to earn their way to a green card and eventually to citizenship. and the third principle is...
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Jan 29, 2013
01/13
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FOXNEWSW
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pay a fine and back taxes. earn probationary legal status. learn english. continue to pay taxes. show work history and then get a green card and then apply for citizenship. effectively you would go to the back of the line. so this is a bipartisan effort. remember, some of these commissions have come together in the past, in the last four years, specifically about the debt and the president hasn't necessarily taken on the plan that they have come up with. so this will be really important to see if it actually works. >>brian: a really important provision, skills valued. we've got engineers out there, computer technology experts, people when they have skills -- for example, if they train at american universities, they would get a priority. this is what microsoft and you always heard apple saying. we need more engineers in this country. why are we training them and letting them go back home? let's give them u.s. status or a green card. marco rubio talks about a plan. >> before we can move towards a path for green card because citizenship comes after that, before we move towards a pat
pay a fine and back taxes. earn probationary legal status. learn english. continue to pay taxes. show work history and then get a green card and then apply for citizenship. effectively you would go to the back of the line. so this is a bipartisan effort. remember, some of these commissions have come together in the past, in the last four years, specifically about the debt and the president hasn't necessarily taken on the plan that they have come up with. so this will be really important to see...
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Jan 29, 2013
01/13
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MSNBCW
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on the doe pes tick side when you look at tax reduction, tax increase, tax reform, immigration, he comes off looking like a moderate. >> chip, let me ask you in closing, i just want to clarify one thing here. >> sure. >> you have said a couple of times that hezbollah was created out of the void left when reagan took our troops out of lebanon. is there a suggestion by any of the scholars that you -- that you talked to that reagan should have stayed in lebanon longer? was that the flaw that many people said caused problems in the middle east that after the attack, after the killings, that reagan did decide to bring the troops loam? >> depending on how deeply you want to go into the middle east policy, i would say, if you talk to rez za as you land and some other scholars, there are a number of things going on relative to iran, but certainly as it relates to george schulze and rondy rice in the film, they all say yes, that the pullout created a power vacuum that led to at least to the strength of hezbollah from that point forward. so they would all say they regret that decision. >> to what
on the doe pes tick side when you look at tax reduction, tax increase, tax reform, immigration, he comes off looking like a moderate. >> chip, let me ask you in closing, i just want to clarify one thing here. >> sure. >> you have said a couple of times that hezbollah was created out of the void left when reagan took our troops out of lebanon. is there a suggestion by any of the scholars that you -- that you talked to that reagan should have stayed in lebanon longer? was that...
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Jan 29, 2013
01/13
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CNN
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..taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. then you're going to love this. right now they're only $14.95! wow-a grt deal just got a whole lot better. hurry. $14.95 won't last. >>> happening now, hillary clinton opens up to cnn about her next adventure and how her husband and daughter may be involved. the president reveals he has a plan "b" if the new push for immigration reform stalls in congress. yankees' star alex rodriguez responds to bombshell allegations about a miami clinic and performance enhancing drugs. and american woman, the mother of two mysteriously vanishes during a vacation overseas. and we'll talk to a survivor of a plane crash in the icy hudson river as he listens to that 911 call that helped save his life. i'm wolf blitzer. you're in "the situation room." >>> hillary clinton is certainly used to getting lots of attention, good and bad, after decades in the national poli
..taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. then you're going to love this. right now they're only $14.95! wow-a grt deal just got a whole lot better. hurry. $14.95 won't last. >>> happening now, hillary clinton opens up to cnn about her next adventure and how her husband and daughter may be involved. the president reveals he has a plan "b" if the new push for...